I am looking at a 3 unit with mo gross rents of 1100. The price is too high, but how do I figure out what my max offer is based on the rents?
i know ive seen a "rule of thumb formula" bounced around here somewhere.
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I found a deal that I need to figure out how to work. There are two properties that would sell for about $85k each next to each other ARV. The owner is about to lose one property to auction and owes $12,000. The other...
Hi BP family. I have been working with the calculators on BP but am having trouble finding the numbers to use to get a true analysis. When it comes to property taxes, on any of the real estate sites, It gives a monthl...
My husband and I are new to multifamily purchases. What is a good way to figure out what the property is worth? Looking at land/tax records indicates the seller is way overpriced (by $100k), but I know that is not w...
Hey! I'm 17 years old, I've graduated high school and currently doing an accelerated college degree. in the meantime I'm working a full time job/ a few side Hustles and a budding business. I currently have a little ov...
Hi Everyone,
I am looking to start investing in SFH to 4 plexes. As I am building out my pro forma, I keep running into this headache as to whether I need to incorporate sensitivity tables. I pulled a pro forma from ...
Hey All,Finally just closed on a one room schoolhouse that we are going to rehab and turn into a STR (posted before about it, and its been a roller coaster to finally get to closing).My question is, its currently zone...
Hello my is Andre Houston I have 2 rentals and a primary home I'm ready to purchase another home but I don't have a w2 job anymore I have about 60 to 70k saved up I wanted to try an do a brrrr basically put 20 or 15 ...
Hi guys, sorry if its a stupid question:Do conventional lenders stop financing if a person has 10 financed properties or 10 properties (not necessarily they are paid off or not paid off)?In other words, lets say hypot...
I'm planning to go to an auction in 2 weeks. I hope to buy my first property. I'm trying to figure out what my max bid should be for the property. Any help or advice is much appreciated. Projected sale price (ARV) $2...